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🪙 Bitcoin User Unwittingly Pays $3.1 Million in Single Transaction Fee

➡️ Block 818,087 stands out in Bitcoin’s ledger for recording the largest fee for a single transaction in its history. This block encapsulated around 4,179 transactions. Besides the standard reward of 6.25 newly created BTC, Antpool earned an additional 85.216 BTC in fees from this block.

💲 The extraordinary transaction fee amounted to 83.65 BTC, transferring 55.77 BTC, valued at approximately $2 million based on current exchange rates. This incident surpasses the previous record, where an excessive fee of about 19.8 BTC – worth $738,639 today but approximately $500K at that time – was paid.

This earlier record was set in block 807,057, mined by F2pool, which earned 20.0127 BTC in total fees from the block. The 19.8 BTC transfer was later identified as a transaction by Paxos. In a gesture of goodwill, F2pool chose to refund the company, demonstrating that miners have the discretion to reimburse addresses in cases of apparent errors.
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🇳🇬 Nigeria Law Enforcement Nab Politician Who Laundered Funds Stolen From Crypto Exchange

🔗 The Nigerian police have arrested a politician who is accused of seeking to launder digital assets that were stolen from the crypto exchange platform Patricia Technologies earlier this year. According to the police, Wilfred Bonse had fraudulently transferred more than $60,000 from the $750,000 in stolen funds to his bank account.

❗️Patricia lost digital assets worth more than $2 million after hackers breached its platform. The theft left the crypto platform with a financial hole which forced Patricia to seek funds to refund affected users.

In his remarks after announcing the politician’s arrest, Prince Olumuyiwa Adejobi, the spokesperson for the Nigerian police, said:

Having registered his involvement in the complex crime. Wilfred Bonse, conspired in laundering the sum of Fifty Million Naira (N50,000,000) originating from the fraudulent diversion of Six Hundred and Seven Million Naira (N607,000,000) from Patricia Technology company’s account to his bank account through a cryptocurrency wallet.

➡️ The spokesperson, however, said investigations are still ongoing and vowed to bring those behind the hacking to justice.

In a post on X (formerly Twitter), Patricia praised Nigerian law enforcement agencies behind Bonse’s arrest. The CEO Hanu Fejiro said the recovered funds will “go a long way to soothe Patricia users.”
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🆕 BNB’s Tech Roadmap for Opbnb Targets 10,000 Transactions per Second

🖥 On Nov. 29 the BNB chain unveiled what it called a tech roadmap for Opbnb, a layer two (L2) solution within its ecosystem. The goal of the roadmap is to make “blockchain more accessible, with the design principles based on making the Opbnb network more efficient for users and developers.” To achieve this, the roadmap is targeting 10,000 TPS (transactions per second) for transfers as well as “a price reduction of ten times on Opbnb.”

➡️ The unveiling of the six-month roadmap came just days after the transaction count on Opbnb tapped a new all-time high of 5.47 million. This milestone was achieved when “the network handled the full capacity of 100M gas per second smoothly in a single block.” This is said to have resulted in the network processing 645 minting transactions per second.

➡️ Meanwhile, in a statement, the BNB Chain core development team praised the Opbnb community for being instrumental in the L2’s success so far. The team also noted that the community’s efforts can prove to be potentially vital in the development of decentralized applications.

💵 As explained in the statement, Opbnb is also aiming to reduce transacting fees from $0.005 to $0.001 in the last quarter of 2023. In the first quarter of 2024, the objective is to increase capacity from 100M to 150M. Between Q2 and Q3 of 2024, the goal is to lower the gas limit per block increase from 100M to 200M and achieve a transaction per second milestone of 10,000.
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🚀Dogecoin (DOGE) And Pepe (PEPE) Blast Off: Embark On The Bullish Journey 🌙

🔥DOGE and PEPE Making Waves
Dogecoin (DOGE) and Pepe (PEPE) are capturing the market's attention with their latest developments. DOGE is on a mission to the moon, funded by the DOGE community, while Pepe is transferring tokens to Binance for future campaigns. Both tokens are experiencing price fluctuations as a result of their strategies.

💰 Scapes Mania (MANIA) Gains Attention
Scapes Mania (MANIA) is gaining attention as a promising project in the crypto space, adding to the excitement in the market.

📈 Analyzing DOGE and PEPE Prices
Analysis of Dogecoin (DOGE) prices suggests a positive trend with caution, while signals for Pepe (PEPE) are ambiguous. Traders should be mindful of support and resistance levels for their trading strategies and manage risks wisely in the crypto market.

Are you ready to embark on this bullish journey with DOGE and PEPE? Stay tuned for more updates and ride the wave of excitement in the crypto market! 🚀🌙
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🐳 Mystery Bitcoin Whale Resurfaces, Transfers 1,000 BTC Worth 41M From String of 2010 Era Addresses 🐳

⚡️ The famous Bitcoin whale has struck again, transferring 20 block rewards equivalent to 1000 bitcoins (41.87 million). This isn't the first time this whale has made such a move - similar transactions were made at the beginning of the bull market in late 2020 and in 2021.

🪙 The whale's activity involved 20 addresses that stored block rewards from as far back as 2010, with each wallet spending 50 BTC at block height 819,796. The addresses were created in August, September, October, and November of 2010.

💰The total value of the 1000 BTC transferred amounts to 41.87 million, all of which was moved to another wallet. There's a high likelihood that this whale is the same early adopter identified by Bitcoin News back in 2020. From late 2020 to March 2021, Bitcoin tracked this same whale as they spent over 10,000 BTC using identical spending methods.

📊 It's always intriguing when a Bitcoin whale resurfaces, especially one with such a significant amount of BTC from the early days. The mystery surrounding their identity and the reasons behind these large transactions adds an air of excitement to the crypto space.



⚫️In conclusion, the resurgence of this mystery Bitcoin whale and their hefty transactions from decade-old addresses has once again captured the attention of the crypto community. Stay tuned for more updates on this fascinating story!
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📉 Crypto Exchange Binance Drops Abu Dhabi License Application as Global Needs Shift

🌐 Cryptocurrency exchange Binance has reportedly withdrawn its application with Abu Dhabi’s financial regulator. A spokesperson for Binance said on Thursday: "When assessing our global licensing needs, we decided this application was not necessary."

📝 According to Binance’s website, Abu Dhabi-based Binance (AD) Ltd. received conditional financial services permission from the Financial Services Regulatory Authority (FSRA) on Nov. 15 last year to provide crypto custody services. The regulator’s website details: “Binance (AD) Limited is not permitted to deal with retail clients, as defined in the FSRA’s Conduct of Business Rulebook (COBS).”

💼 Last month, Binance founder Changpeng Zhao (CZ) resigned as CEO after pleading guilty to violating U.S. anti-money laundering laws, and the crypto exchange agreed to pay over 4.3 billion as part of the settlement with U.S. authorities.

🌍 This year, Binance withdrew from a licensing process in Germany, retracted from Cyprus, and announced its exit from the Netherlands. The decision to withdraw from Cyprus was explained as a strategic move to concentrate on fewer regulated entities in the EU, with a focus on France, Italy, and Spain, in anticipation of the European Union’s crypto asset regulations rollout.

🔍 Moreover, regulators in Australia revoked the financial services license of Binance’s derivatives business. In the Philippines, the securities regulator initiated the process of blocking Binance last week.



🚀The Binance spokesperson emphasized on Thursday that the crypto exchange would continue to work with regulators “to provide world-class services and offerings in the Middle East and beyond.”
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⭐️ Palau Declares First Phase of Stablecoin Pilot a Success

📊 Results and Popularity of PSC

The pilot, which launched in June 2023 with the involvement of 200 volunteers, used Ripple Ledger technology as a backbone for controlling wallet transactions. The Ministry of Finance (MOF) of Palau informed that more than 700 transactions were completed during this phase, with more than 400 being payments to retail merchants.

👍Positive Feedback from Participants and Retailers

The report states both participants and retailers had good experiences during the pilot and that PSC was positively received as a digital payment system, even after facing opposition from some government officials.

🚀 Plans for Future Phases

While there is no explicit mention of a second phase for the PSC pilot, the MOF stated that “the long-term objective is to implement PSC nationally as a convenient and cost-effective way of payment,” hinting at the continuation of the project in the short term.

🎯 Improving Reach and Compliance

For this objective, the pilot will aim to improve its reach, allowing more financial institutions, retail businesses, and individuals to participate in the payments network. The report also calls for the organization of educational campaigns to show the general public the benefits of using this digital cash alternative. Further, the MOF declares that subsequent phases of the pilot will focus on compliance, given that the PSC is a dollar-pegged digitized token.



The first phase of Palau's stablecoin pilot has shown promising results, with positive feedback from participants and retailers. As the project moves forward, the focus on improving reach and compliance, as well as establishing a legal framework for security and transparency, will be crucial for the successful implementation of PSC nationally.
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🌟 Treasury Secretary Yellen's Economic Outlook 🌟

In a recent interview with CNBC, U.S. Treasury Secretary Janet Yellen discussed the state of the U.S. economy, emphasizing the progress made in reducing inflation. She also addressed the potential risk of a recession and the likelihood of a soft landing for the economy in 2024.

📉 Inflation and Consumer Spending

Yellen acknowledged that while inflation has come down, there is still work to be done to reach the Fed's 2% target. However, she highlighted the solid nature of consumer spending, indicating optimism for economic stability.

💰 Soft Landing and Growth Outlook

The Treasury Secretary expressed confidence in the U.S. economy's ability to achieve a soft landing, with a reasonable chance of continued growth in 2024. This positive outlook reflects her belief in the gradual improvement of economic conditions.

📈 Interest Rates and Federal Reserve Policy

Yellen discussed the potential for interest rate cuts next year, noting that as inflation decreases, it is natural for interest rates to follow suit. She emphasized the Federal Reserve's dual mandate of managing inflation and economic strength.
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🌍 US Ambassador Hails Bitcoin Miner’s ‘Genius’ Flared Gas Power Generation Plans

👉 The United States Ambassador to Argentina, Embajador Marc R. Stanley, has praised bitcoin miner Unblock Computing’s plan to generate electricity using flared gas. According to Stanley, Unblock Computing and its partner Crusoe Energy Systems’ ingenious plan not only helps the South American country attain its climate goals but also saves energy.

🔍 The remarks by Stanley, which he shared via X (formerly Twitter), followed reports that the Argentine Bitcoin miner had secured a $15 million investment to power its operations at Vaca Muerta. Located in the Neuquén Basin in northern Patagonia, Vaca Muerta is said to hold one of the world’s largest shale gas reserves.

➡️ Expressing his delight at the two companies’ unique way of generating electricity, the U.S. Ambassador said:

"Love seeing U.S. [and] Argentine companies work together to solve problems and help the environment. The geniuses at Crusoe [and] Unblock Global figured out a way to combust methane and generate electricity. This not only helps Argentina meet its climate goals, but also saves energy and makes money. Brilliant."


🌱 Meanwhile, in a Dec. 13 post on X, Tomas Ocampo, the founder of Unblock Computing, said the $15 million investment is set to help Crusoe Energy Systems and its partners produce $200 million worth of oil with fewer emissions.
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🍵 tea announces full website launch with incentivized testnet right around the corner🍵

tea is a decentralized technology protocol that rewards open-source developers for their software contributions. tea uses blockchain technology to support a digital token known as TEA. The tea protocol was co-founded by Max Howell, the creator of Homebrew—the software package manager used by tens of millions of developers worldwide.

In their latest update, tea announces a trial version will be live soon, and users will have a chance to earn points that may be redeemable for blockchain tokens in the future. They also discuss their tokenomincs and the need for a token. If you have uploaded a package already, you can check to see the teaRank.


👉🏼 Learn more: https://tea.xyz/?utm_source=direct&utm_medium=organic&utm_campaign=test_campaign&utm_kol_name=btctrunk
⚡️Ripple Executive Predicts ‘Breakout Moment’ for Crypto Institutional Adoption

Ripple’s president, Monica Long, has made some bold predictions about the future of crypto and blockchain over the next 12 months. She highlighted the increasing involvement of traditional financial players in the crypto space, emphasizing partnerships and integrations with crypto-native companies by major names like Fidelity, Blackrock, Paypal, and Visa.

➡️ Long envisions a "happy marriage" between blockchain and traditional banks, emphasizing that blockchain will not replace banks but will offer benefits such as instant cross-border payments without hefty fees. She foresees that crypto can provide unparalleled utility for institutions, benefiting both merchants and consumers.

💡 Key Insight: Long emphasized that while many companies appreciate the benefits of crypto, they prefer it to work seamlessly without requiring them to become experts in it. She believes that 2024 could be the breakout moment for institutional adoption of crypto for real-world utility, provided a compliance-first mindset is embraced.

🚀 Long predicts that in 2024, the industry will break the speculative hype cycles and pave the way for real-world utility at scale, focusing on compliance, usability, and integration with existing systems. She also anticipates a pioneering breakthrough in compliance for decentralized finance.

👉 Expert Perspectives: Other Ripple leaders and firms such as Bitwise and Vaneck have also shared their crypto outlook for 2024, aligning with Long's vision of the industry's direction.

📎In summary, Long believes that the current "crypto winter" presents an opportunity for serious builders to work on solving real-world problems in the financial infrastructure with blockchain, emphasizing the need for a compliance-first approach and building compliance tooling in a decentralized environment.
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📣 U.S. Crypto Community Rallies Against Proposed Ban

🚀 Cry for Innovation: Digital Currency Aficionados Rebel!
A digital uproar is underway! The "Stop The Crypto Ban" petition on Change ignited by the Chamber of Digital Commerce is erupting like a blockchain volcano. Nearly hitting 10,000 signatures – it's the voice of the people chanting for their crypto rights!

🔥 The People's Ledger Against Legislative Battle
No to the Crypto Ban!” – that's the battle cry of the concerned netizens. Taking a stand against the Digital Asset Anti-Money Laundering Act championed by 19 senators, it's like David vs. Goliath in the digital realm.

🤝 Uniting for a Future Woven with Digital Threads
Senator Warren and her posse might have their sights on regulation, but the Chamber is lighting the torches of innovation. They're shouting from the rooftops – "Don't let this bill snuff out America's digital flame!"

🌐 Championing the Digital Domain
The chamber isn’t holding back. They’re painting a future splashed with digital currencies enhancing the economy, kindling innovation, and safeguarding user freedom. “We won't vote for any senator backing this bill in its current form,” they vow, defending the digital universe with every signature.

A Call to Dollars and Sense
With a united voice, the crypto crusade demands – "Senators, herald innovation, don't hamper it. Shape the future, don't shrink it." The question now – will the digital chorus sway the hearts of the legislative titans?
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👀⚡️Billionaire Mark Cuban Offloads Polygon (MATIC)💰 Holdings To Coinbase, Price Fell 5%📉😳

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🎓 How Robert Kiyosaki Turned Resources into Riches - Insights from the 'Rich Dad Poor Dad' Author

🌟 The Secret's Out!
Investment wizard and "Rich Dad Poor Dad" author Robert Kiyosaki spilled the beans on social media platform X, revealing his wealth-building magic trick: it's all about resources, not tech!

💰 Hitting Paydirt: A Gold Miner's Tale
Kiyosaki reminisces how he struck it rich. Starting out at the Vancouver Resource Investment Conference (VRIC) 25 years ago, he found more than just gold; he discovered a treasure trove of knowledge and experience in resources.

🔑 The Golden Tip for Young Investors
One golden nugget of advice from Kiyosaki: keep your ears to the ground and learn from real-life experiences. Out with "fake" textbook knowledge, in with firsthand wisdom from seasoned miners!

💼 Cashing In: Gold, Silver, and... Copper?
At the conference, Kiyosaki isn't just a spectator – he's a player. This year, he's eyeing gold, silver, and copper. His track record? He's already hit jackpot with a silver mine in Argentina and took Trixie Mine public!

🛒 Ride the Resource Wave; Grab Gold, Silver, and Bitcoin
The "Rich Dad" isn't just about precious metals. He's also gunning for bitcoin as a top pick for uncertain times. Kiyosaki's mantra: buy now or miss out on the BTC train.
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🤑 Trump Cashes Out: Ex-President's Million-Dollar ETH Play

💸 Kicking Off with Big Sales
Recent buzz in the crypto world is about Donald Trump shedding sizable ETH holdings A keen observation by crypto intelligence firm Arkham points to Trump liquidating 1,075 ETH, estimated at around $2.4 million.

🖼 NFTs to Crypto
After dabbling in three NFT collections, including the talked-about Mugshot Edition, it seems Trump is turning art into action. The collections, which began last December, have added a new trend to his portfolio — converting NFT sales into Ethereum.

📈 Dressed for Dinner: NFTs with Benefits
The Mugshot Edition not only offers digital art but throws in a piece of history — a fragment of Trump's suit With 47 cards, one can snag an invite to dine at the luxurious Mar-a-Lago. A physical plus digital collectible—how's that for a combo?

🔎 Following the Transactions
Arkham's detectives didn't stop at $2.4 million. After further sleuthing, an additional 250 ETH makes its way to Coinbase post-analysis, totaling sales over 3 million. We're not just witnessing a sale; it’s a major sign-off.

📊 NFT Ventures: Lucrative for Licensing
Trump's connection to NFTs isn't just creative; it's lucrative. With his image licensing bringing in $9.7 million, Ethereum income is stacking up. A Federal Election Commission (FEC) filing revealed a crypto wallet holding at least $1 million in ETH.
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🖼 NFT Market's Wild Ride: Sales Dip but Activity Hikes!

📉 The NFT landscape has been a rollercoaster ride this past year, folks! While the sales numbers took a 63% plunge from the dizzying heights of 2022's $23.74 billion, they've nestled at a cozy $8.70 billion in 2023.

🚀 But it's not all downhill - the transaction count skyrocketed to 90.6 million! That's a leap over the previous year's 54.8 million. More NFT enthusiasts are joining the party - we've seen 4.16 million sellers and 4.97 million buyers mixing it up this year!

🔁 Surprising twists in the NFT marketplace: Bitcoin and Solana threw some punches at Ethereum's throne late in the year. November and December saw Bitcoin NFTs go through the roof, and hey, they've now snagged the fourth spot in sales!

🏆 Meanwhile, Axie Infinity holds onto the noscript belt despite challengers like Bored Ape Yacht Club (BAYC) and Cryptopunks. Though BAYC's floor value did a somersault from about $84K to $60K, they're still a heavyweight in the ring.
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🚀 Bitcoin Bounces Back: The Decline in ‘Death Calls’ Heralds a Robust 2023

📉 Fewer Doom Prophets: 2023 played out with a dramatic drop in Bitcoin's obituaries. Just eight naysayers announced BTC's demise on 99bitcoins, signaling one of the quietest years for crypto pessimism since the early days.

😲 Flip-Floppers & Critics: Among the critics was John Reed Stark of SEC fame and CNBC’s Jim Cramer, who’s since made a public U-turn on his stance. The list was sprinkled with high-profile names, from JPMorgan’s Jamie Dimon to controversy-magnet Chamath Palihapitiya.

🔐 Expressing Doubt: Harvey Jones of Daily and Sunday Express made headlines, branding Bitcoin and its ilk as "a joke wrapped in a fraud." Yet, the market seems to disagree, moving unfazed by such claims.

🏦 The ETF Conundrum: Arthur Hayes warns of a Bitcoin future hampered by ETFs. The idea of a select few holding all BTC could spell disaster, predicting an eerie scenario for the pioneer cryptocurrency.

➡️ Since the Bitcoin Obituaries list started in 2010, it has chronicled 475 declarations of Bitcoin’s impending doom. Still, the big story isn't the number of obituaries but the persistent resilience and growing acceptance.

In conclusion, while Bitcoin's detractors have rung its death knell multiple times, the cryptocurrency seems to possess quite the fighting spirit. With 2023 demonstrating a notable decline in doomsaying, one might wager that BTC is far from ready to take a permanent dip in the digital pool. Indeed, as each 'death call' echoes and fades, Bitcoin's heartbeat only grows stronger, continuing to challenge skeptics and embrace its role in the financial world of tomorrow.
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🧨 Bitcoin's Battle Royale: Capping Data Transactions Sparks Fiery Developer Debate

🚀 Bitcoin's Development Saga Continues! The latest controversy to rock the Bitcoin community revolves around a proposal noscriptd “datacarriersize: Match more datacarrying.” This bold initiative, introduced by developer Luke Dashjr, seeks to redefine how data transactions are handled by the Bitcoin protocol. Supporters argue it's a move to combat spam, but opponents see potential harm in restricting data-bearing transactions.

🗣 Opinions Clash Over Implications! While some stood by the proposal, heavy hitters like Peter Todd emphasized the significant fee revenue miners garner from these transactions. Conversely, Chris Martl highlighted the burdensome costs for node operators, warning against the implications of such changes on the existing mempool economy.

🛑 Core Values or Misguided Measures? Developer Pieter Wuille, a.k.a. "Sipa," rejected the proposal, asserting it's against the interests of software users. He stresses that ignoring transactions undermines predictability and doesn't eliminate the need for validation. "Choosing to not see them is burying your head in the sand," Wuille eloquently points out.

💥 Heated Debates Prompt Lockdown! The discourse became so intense that it took an unforeseen turn. Bitcoin maintainer Andrew Chow stepped in, halting the debate due to its unproductive stalemate. The vigorous back-and-forth was deemed too controversial to continue.

As the smoke clears, the Bitcoin community finds itself at a crossroads, reflecting on the passionate and varied thoughts on its direction. This debate may have ended without resolution, but it certainly leaves an unforgettable impression on Bitcoin's collective journey.
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🎉 *ETHEREUM OUTSHINES AS BITCOIN ETF FEVER SIMMERS DOWN*

📈 The big crypto buzz? The SEC nodded 'yes' to 11 Bitcoin ETFs! You'd think Bitcoin would go bonkers, right? Wrong. It's been six years since the Winklevoss twins faced a 'no-go' for their trust, and now the market's just...meh. TradingView's Bitcoin chart whispers a tale of unexpected chill vibes.

🕵️‍♂️ Crypto sleuths are on the case! Some say blame it on the boo-boos – like that oopsie tweet from SEC and a mix-up report by Cointelegraph. Others talk about the old classic, "buy the rumor, sell the news." Everyone saw it coming, so the surprise factor? Kaput.

🚀 But hello, Ethereum's on fire! Post-ETF-party, it blasted to a cool $2,527 per ETH. TradingView's Ethereum chart is practically grinning. The crypto crowd can't help but stare.

🔮 Future-gazing time: with Bitcoin ETFs done and dusted, are we eyeing an Ethereum ETF next? The vibes are shifting, investors are winking at Ethereum, and the market's playing it cool, mature, even.
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Last news: BTC ETF Approved!🚀

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